On the recordJuly 7, 2015
If these are preliminary suggestions and not rules [by the FSB] why is it that the FSB found it necessary to grant exemptions, specifically to the Chinese?
Source
congress.govIf these are preliminary suggestions and not rules [by the FSB] why is it that the FSB found it necessary to grant exemptions, specifically to the Chinese?
Hensarling questions the FSB's authority and its exemption of Chinese banks from reforms.
Share
More from Jeb Hensarling
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…
If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.